XML 21 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 1,196.6 $ 1,094.1
Accounts receivable 2,590.0 2,471.7
Inventories 947.6 853.7
Other 552.4 746.1
Total current assets 5,286.6 5,165.6
Long-Term Assets:    
Property, plant and equipment, net 1,826.5 1,624.7
Goodwill 1,053.8 726.2
Other 1,238.9 1,596.6
Total long-term assets 4,119.2 3,947.5
Total assets 9,405.8 9,113.1
Current Liabilities:    
Accounts payable and drafts 2,504.4 2,525.3
Accrued liabilities 1,312.1 1,179.3
Current portion of long-term debt 23.1 240.5
Total current liabilities 3,839.6 3,945.1
Long-Term Liabilities:    
Long-term debt 1,931.7 1,454.0
Other 616.8 684.7
Total long-term liabilities 2,548.5 2,138.7
Equity:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 shares of Series A convertible preferred stock authorized); no shares outstanding 0.0 0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 80,563,291 shares issued as of December 31, 2015 and 2014 0.8 0.8
Additional paid-in capital 1,451.9 1,475.2
Common stock held in treasury, 6,099,078 and 2,541,306 shares as of December 31, 2015 and 2014, respectively, at cost (623.0) (176.9)
Retained earnings 2,827.8 2,161.7
Accumulated other comprehensive loss (730.1) (502.0)
Lear Corporation stockholders’ equity 2,927.4 2,958.8
Noncontrolling interests 90.3 70.5
Equity 3,017.7 3,029.3
Total liabilities and equity $ 9,405.8 $ 9,113.1